Australia September Trade Balance improves to -284M vs -693M

Nov 6, 2013

AUD/JPY stalls at 93.50

AUD/JPY is trendless, capped below the 93.80 front and with little downside action shortly after the opening of Tokyo’s markets. With the BoJ minutes released, Australian trade balance results are expected.

Australian trade deficit shrinks

Australian trade balance for the month of September came at -248M vs -450M exp and -815M prior month, with exports (Sep) at 0% vs 3% last, while imports (Sep) saw -1% vs 1% last.